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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (12090)7/17/2000 7:31:04 PM
From: fuzzymath  Read Replies (1) | Respond to of 18928
 
Hi Tom! Damn, if the broad market didn't suddenly stall for no good reason just because of a silly number: NYSE 665. I don't get it! What's so magic about NYSE Index 665? For two years that number has held as a ceiling for the exchange where the stocks that represent 70% of the U.S. economy are traded.

Historically, I certainly can't remember such a finely delineated limit -- but I suppose if you go back well beyond my time (I started in 1987) you can find similar examples where the market just stalled at a certain level.

I made some edits to my web site tonight. Now, I'll run the weekly analysis, then I'll try to pick the 15 stocks that look best to me for the coming week (yeah, I'm stuck with this "F" letter, you know, "fuzzymath", so "fifteen").

Anyway, I'll pick 15 stocks each weekend and report on them during the week. Today's disaster was 3COM (COMS), down 9.25% (anyone know why?). Still, the FuzzyMath 15 gained a respectable .46% today despite this rebellious action by COMS. :)

Kevin